Published: 2025-01-21T03:50:16.000Z
USD/JPY flows: Stay low before BoJ
FX Analyst
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Japan finance minister Kato expects BoJ to hit 2% inflation target with appropriate policy
While all eyes remains on Trump's executive orders, the BoJ decision this week is not to be over looked. So far, we have not heard any "leaks" and market continue to price in a high chance for a BoJ hike, at least 10bps. We believe the surprise lies in the downside as BoJ has not been acting as hawkish as they spoke.
USD/JPY is trading0.31% lower at 155.13.